Gammon Gold (GRS) Says Acquisition Discussions with Capital Gold Corp (CGLD) Have Been Terminated

March 31, 2009 1:37 PM EDT

Gammon Gold Inc. (NYSE: GRS) announces that discussions have terminated regarding the proposed acquisition of Capital Gold Corporation (OTCBB: CGLD). The proposed acquisition was previously announced in the joint press release of Gammon Gold and Capital Gold on March 12, 2009.

Gammon Gold Inc. is a Nova Scotia based mid-tier gold and silver producer with properties in Mexico.[SM]


Related Categories

Mergers and Acquisitions

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CGLD 0.79

+0.00 +0.00%
Volume: 512,922
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GRS 9.46

+0.32 +3.50%
Volume: 1,007,298
Track GRS


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